Conduct a strategic marketing analysis

Assignment Help Management Theories
Reference no: EM13939030

Conduct a strategic marketing analysis, similar to the one that Melissa would prepare, for Radiance. Based on this information, thoroughly answer the following questions:

What marketing strategies should Radiance pursue in the next five years? Explain why the strategies you select would best fit the organization.

Should Radiance engage in lifestyle, sponsorship, or event marketing? Explain your answer.

Which venues would best match with Radiance's brand, should the organization choose to move forward with these types of marketing?

What damage control techniques should Melissa employ? Or, would she be better off to just wait and let some time pass before responding? Defend your answer.

Your assignment must be one to two pages in length (excluding title and reference pages). Utilize at least two scholarly source. Your paper and all sources must be formatted according to APA style.

CASE

Radiance Reconstructive Surgery

Melissa Patterson serves as the director of marketing for Radiance, an organization that provides facial reconstructive surgery. Her activities include two primary functions. First, she is responsible for overseeing the organization's advertising and marketing efforts. Her duties consist of overseeing strategic marketing decision making, advertising, and promotions. Melissa employs one individual, who assists in these efforts.

The second function involves supervision of public relations. Two publicists report to Melissa. One of the two oversees all image-building public relations activities. The other manages other public relations functions, including preparation of press releases, scheduling interviews or appearances by physicians in the organization, and responding to any unfavorable press or Internet chatter. The two publicists work together to publish a monthly newsletter that is sent to patients, other health providers, and the local media. The newsletter appears in both paper and an electronic version that can be attached to an email.

Radiance opened in 2002, when a group of three plastic surgeons agreed they would have greater freedom by offering their services independently from any specific hospital. The three physicians maintain practicing privileges at the area's four major community hospitals. Radiance has its own examination equipment and surgical rooms. The organization employs five nurses, as well as four support staff members who take care of insurance forms, billing, scheduling, and other office duties.

Three types of individuals seek reconstructive surgery. First, victims of accidents who have facial injuries often require immediate attention and follow-up care. After an initial visit to the emergency room of a hospital, an injured person may return to Radiance on numerous occasions to achieve the best results over time.

Second, facelifts and other facial beauty improvements (Botox injections, nose realignment), which are elective surgeries, tend to be available to people who have larger amounts of disposable income. These procedures command a premium price, and quality remains the overwhelming criterion. Referrals and word-of-mouth often bring these types of patients to Radiance.

Third, some individuals are born with facial defects, such as a cleft palate. Many times these individuals do not have health insurance coverage. The three surgeons have agreed that it is advisable to treat some of these patients on a pro bono (no charge) basis. Others with limited incomes receive drastic discounts for their treatments.

Over the past five years, the number of facelifts and beauty-enhancement procedures had begun to dwindle. One explanation for this turn of events is the major recession, which has cut down on the number of individuals willing to pay for cosmetic procedures. It is believed that when the economy improves, that part of the practice will again prosper. A second explanation is that Radiance experienced negative publicity when one unhappy (and relatively famous) client went public with her frustration. The physicians believe that her complaints were totally without foundation, but they worry that public perceptions of the organization have diminished as a result.

Melissa was asked to diagnose the cause of the negative publicity and to offer potential solutions. She knew it would take all of her professional skill to put Radiance back on the right path.

Reference no: EM13939030

Questions Cloud

Define a relation rf by the rule : Consider three sets A, B, and C, where A has 7 elements, B has 5 elements, and C has 2 elements. How many (ternary) relations are there on the sets A, B, C?
How many molecules of co2 are produced : For each turn of the Kreb's cycle, how much ATP is produced? How many molecules of CO2 are produced? What is the significance of stripping off high-energy electrons from the pyruvate?
How critical thinking help in international business : Remember the client will have to implement the plan and your goal is to demonstrate how application of a critical thinking framework like 7Cs can help guide them on their international business journey.
How are micturation and defecation reflexes different : Using the negative feedback system, explain how osmoreceptors and CO2 receptors maintain water balance and respiratory rates. Include a diagram.
Conduct a strategic marketing analysis : Conduct a strategic marketing analysis, similar to the one that Melissa would prepare, for Radiance. Based on this information, thoroughly answer the following questions:What marketing strategies should Radiance pursue in the next five years? Explain..
Which substances in plants and animals could be examined : A scientist suspects that the food in a nearby ecosystem may have been contaminated with radioactive nitrogen over a period of months. Which substances in plants and animals could be examined for radioactivity to test his hypothesis?
Mining industry of mongolia : The key question for this essay is: "What is the internationalisation process of your "selected company" in the Mining industry of Mongolia
The importance of being in love : The Tulsa PAC is going to open a new musical, "The Importance of being in Love!" It will cost $3 million to develop the show. There are eight performances per week (on Saturday there is a matinee) and we expect the show to run for 52 weeks. It costs ..
What part of brain where would be affected if combative : What part of the brain - where - would be affected if a combative and confused Alzheimer's patient was hospitalized with dehydration? Please explain where the brain may be affected to lead to dehydration.

Reviews

Write a Review

Management Theories Questions & Answers

  Critiquing internet source

1) Assess the accuracy and validity of each source's key claims, along with the evidence used to support these claims. The question you should be asking yourself here is this: Does this source appear to be "biased" in any way, shape, or form, and whe..

  Unpaid balances carried by customers using store credit

Footnote: approximately 98% of company Y's account receivable are from unpaid balances carried by customers using store credit card -> Which company is better positioned to pay its bills in the short run. Justify using appropriate ratio

  Values are embodied in contemporary american society

Imagine you are behind Rawls' veil of ignorance. What are some of the core values and principles that would be included in your ideal society? Which of these values are embodied in contemporary American society? Which are left out? Do you think the v..

  Describe the factors that impact the survival

Your essay response must be a minimum of 500 words in length, not counting references listed at the end or repeating of the question. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying..

  What are the advantages and disadvantages of employee

What are the advantages and disadvantages of employee referrals? As an employer, what other recruiting strategy might you utilize? Do you believe online recruiting websites are an effective recruiting strategy? Explain your answer

  Utilize the country commercial guide for brazil to gather

Utilize the Country Commercial Guide for Brazil to gather information on this country's energy and mining industry. Considering that your company is plans to enter Brazil in the foreseeable future, select the most appropriate entry method.

  Identifies and eliminates the causes of uncertainty and risk

Even if a supply manager identifies and eliminates the causes of uncertainty and risk in the supply chain, the organization may still need to carry the same amount of inventory

  A block is launched up an incline with an initial velocity

A block is launched up an incline with an initial velocity of v subscript 0

  Describe the advantages of using rfid tags

Describe the advantages of using RFID tags over traditional bar code technology. Identify a business process that could be greatly improved by leveraging RFID technology. What added business value would RFID bring to the process?

  Describe the management process and identify the skills

describe the management process and identify the skills required to manage business organizations.explain the role of

  A manager has a simplified profit-and-loss statement

A manager has a simplified profit-and-loss statement that indicates that sales for the last quarter were $120,000, cost of goods sold was $35,000, and expenses were: salaries = $10,000, rent = $3,000, and supplies = $3,000. Calculate the net profit.

  Apply general attribution theory to analyze

Apply general attribution theory to analyze and explain each party's attitudes and conclusions. Hint: Use consensus, consistency, distinctiveness, and the fundamental error.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd